Campbell Soup Company (CPB) Stock: What Does the Chart Say Friday?

Campbell Soup Company (CPB) stock is lower by 0.86% over the past week and gets a Bearish rating from InvestorsObserver Sentiment Indicator.

Campbell Soup Company has a Bearish sentiment reading. Find out what this means for you and get the rest of the rankings on CPB!

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What is Stock Sentiment?

In investing, sentiment generally means whether or not a given security is in favor with investors. It is typically a pretty short-term metric that relies entirely on technical analysis. That means it doesn’t incorporate anything to do with the health or profitability of the underlying company. Recent trends are a good indicator of current market sentiments. In its most basic form, stocks that are trending up are desirable by investors while stocks currently falling must be unattractive. InvestorsObserver's Sentimental Indicator tracks both changes in price and volume to analyze the most recent trends. Typically an increase in volume indicates ongoing trends are getting stronger, while a decrease in volume usually signals an end to the current trend. Available options can also represent current sentiments for a given stock. Since investors are able to bet on future trends of stocks using options, we consider the ratio of calls to puts when analyzing market sentiments .

What's Happening With CPB Stock Today?

Campbell Soup Company (CPB) stock is up 0.63% while the S&P 500 is lower by -0.87% as of 2:07 PM on Friday, Feb 3. CPB has gained $0.31 from the previous closing price of $50.38 on volume of 1,162,181 shares. Over the past year the S&P 500 is lower by -9.72% while CPB has gained 13.81%. CPB earned $2.63 a per share in the over the last 12 months, giving it a price-to-earnings ratio of 19.27.

More About Campbell Soup Company

With a history that dates back around 150 years, Campbell Soup is now a leading manufacturer and marketer of branded convenience food products, most notably soup. The firm's product assortment includes well-known brands like Campbell's, Pace, Prego, Swanson, V8, and Pepperidge Farm. Following the sale of its international snacking operations, which wrapped in calendar 2019, the firm derives nearly all of its sales from its home turf. Campbell has made a handful of acquisitions to reshape its product mix the past few years, including the tie-up with Snyder's-Lance (completed in March 2018), which enhances its exposure to the faster-growing on-trend snack food aisle, complementing its Pepperidge Farm lineup. Click Here to get the full Stock Report for Campbell Soup Company stock.